In a significant policy shift, the Federal Reserve is poised to lower interest rates to support the struggling US labor market, influenced by President Trump's demands and recent political developments.
Applications for US unemployment benefits soared to a four-year high, signaling potential layoffs as hiring slows. Initial claims rose by 27,000, reaching 263,000 last week, the highest since October 2021.
President Trump is under pressure from business leaders to rethink his immigration policies following a historic raid at a Hyundai plant in Georgia, which has sparked outrage and concerns about economic repercussions.
Donald Trump's economic strategies are shaking the foundations of US capitalism. From tariffs to government stakes in tech, his approach raises questions about the future of the economy.
The fate of Donald Trump's controversial tariffs hangs in the balance as a federal court rules they may be illegal. Businesses could receive refunds, but the economic implications are complex and uncertain.
Gold has reached a new all-time high of $3,546.96 an ounce as traders flock to the metal in response to potential US interest-rate cuts and rising debt fears. Discover why this surge is capturing attention!
In a bold move reminiscent of the Manhattan Project, the Trump administration is discussing nationalizing Intel to secure US chip manufacturing amid rising tensions with China. Experts warn this could reshape the industry and impact US-China relations.
U.S. stagflation fears are shaking global markets as inflation data pressures Treasuries. Wall Street reacts sharply, and investors brace for potential rate cuts amid rising economic concerns.
Stocks skyrocketed to record heights following a positive US inflation report, fueling hopes of interest rate cuts by the Federal Reserve. Global markets are surging, with notable gains in Asia.
New research reveals that President Trump's tariffs are about to significantly increase consumer prices. With companies facing rising costs, the burden will shift to shoppers, potentially reaching 67% of tariff costs. Find out how this affects your wallet!
